DePIN to be ‘crypto’s next big use case’ — MV Global

Chinese regulators held a meeting in Beijing to promote blockchain development, which was first mentioned in China’s 14th Five-Year Plan. 1115 Total views 32 Total shares Chinese regulators, including the Securities Association of China and the China Securities Regulatory Commission (CSRC), held a meeting in Beijing to promote blockchain technology in the securities industry and…

Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain.Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the exchange, trade and ownership of unique digital assets. According to market data, worldwide NFT trading was worth around $40 billion…

The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. 89 Total views 14 Total shares The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue…

Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades

Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media.An unverified document published to Scribd by tech lawyer Varun Sethi on July 15 appears to reveal a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”…

Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper.Asian news outlet EjinSight reported on Oct. 24 that in the document Tencent acknowledges that international expansion of Chinese mobile payments offerings would be threatened if Libra launched.In the newly released whitepaper, Tencent…

The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.” 486 Total views 2 Total shares A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total

On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.”As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time to reassess how other crypto markets, specifically the major ones, are dealing with cryptocurrencies on…

Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."